Aviso Financial Inc. Makes New Investment in Mizuho Financial Group, Inc. (NYSE:MFG)

Aviso Financial Inc. acquired a new stake in shares of Mizuho Financial Group, Inc. (NYSE:MFG) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 126,129 shares of the bank’s stock, valued at approximately $617,000.

A number of other hedge funds also recently made changes to their positions in MFG. Atria Investments Inc lifted its holdings in Mizuho Financial Group by 24.5% during the third quarter. Atria Investments Inc now owns 73,673 shares of the bank’s stock valued at $308,000 after purchasing an additional 14,500 shares in the last quarter. Axxcess Wealth Management LLC bought a new position in Mizuho Financial Group in the 3rd quarter worth $95,000. Huntington National Bank purchased a new stake in Mizuho Financial Group in the 3rd quarter worth $100,000. Zions Bancorporation N.A. increased its stake in Mizuho Financial Group by 3,594.0% in the 3rd quarter. Zions Bancorporation N.A. now owns 157,252 shares of the bank’s stock worth $657,000 after buying an additional 152,995 shares in the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of Mizuho Financial Group in the third quarter valued at about $251,000. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Stock Performance

NYSE:MFG opened at $5.78 on Friday. The stock has a 50-day moving average price of $5.44 and a 200 day moving average price of $4.82. The stock has a market capitalization of $73.18 billion, a P/E ratio of 14.44, a P/E/G ratio of 0.76 and a beta of 0.39. Mizuho Financial Group, Inc. has a 12-month low of $3.45 and a 12-month high of $5.91. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39.

Mizuho Financial Group (NYSE:MFG) last announced its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. Equities research analysts forecast that Mizuho Financial Group, Inc. will post 0.42 EPS for the current fiscal year.

Mizuho Financial Group Company Profile

Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.